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Canadian Dollar Holds Steady as Firm Oil Prices Offset Stronger US Dollar

USD/CAD was nearly flat on Tuesday, trading around 1.3874. Rising long-term US Treasury yields boosted the US dollar, while firm oil prices supported the commodity-linked Canadian dollar, with…

Published: August 18, 2026 12:17 UTC
Market: FX
Source: insigtX

USD/CAD was nearly flat on Tuesday, trading around 1.3874. Rising long-term US Treasury yields boosted the US dollar, while firm oil prices supported the commodity-linked Canadian dollar, with the two forces offsetting each other.

Original: https://www.fxstreet.hk/news/jia-yuan-zai-you-jia-zou-qiang-di-xiao-mei-yuan-zou-qiang-zhi-ji-bao-chi-ren-xing-202608181217

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